Find what is the market value of wentil co bond on july

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Problem 1: On January 1, 2007, Wentil Co. issued a $100,000, 10% coupon rate, 5-year bond. The market interest rate is 10%. What is the market value of Wentil Co. bond on July 1, 2009?

A) 9865

B) 100000

C) 8934

D) 102454

Reference no: EM132967045

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